CXU cauldron energy limited

Ann: Quarterly Activities Report, page-3

  1. 4,445 Posts.
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    They don't seem to care nor want to. Notice whenever they mention it they say something about WA government immediately. Like they don't want the market to notice it atm. Pretty obvious they pumped this stock from 1c to 6c and immediately followed with announcement regarding the 2 billion dollar resource, but then immediately sell it down to sub 1c and never mention it again apart from in the quarterly. When brought up in the webinar, quickly dismissed it regarding WA government. Very odd.

    Also, well over a year now they said they had interest in the sand supply. Nothing since then. They keep regurgitating same old spin. Even with the new CEO. A trend is forming here. Also, as soon as they hit high grade at blackwoods they want to stop exploration.

    Almost like they don't want the market to notice it as being a 2-billion-dollar company.

    Patient punter on the side lines for now. Seems they don't want to create value. Don't know why they put a CEO earning 250k per year all a sudden, when its only valued at 4-5 million Australian dollars. Seems counter intuitive. What will this Ian bloke bring to the company for earning quarter mill$ a year from shareholders' funds? So far, nothing.

    Why waste time pursuing other projects when they have no money, and a $2 billion ISR project. All that will do is dilute it further, decrease shareholder value. They had Blackwoods for that, but when they hit high grade they say not interested.
    Last edited by silvahman: 28/04/23
 
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